If the Consumption Function Is Defined as C = 7,250

question 224

Multiple Choice

If the consumption function is defined as C = 7,250 + 0.8Y, what is the value of the multiplier?

• A)0.2
• B)0.8
• C)1.25
• D)5
• E)10

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Definitions:

Decades of Life

Distinct ten-year periods in an individual's life used to mark significant phases of development or events.

Oxygen Dispersal

The process of distributing oxygen throughout a specific area or system, such as in an organism or in the environment.

Each Decade

Referring to any period of ten years, often used to discuss changes or trends over time.

Compression of the Spine

The pressing together of the vertebrae in the spine, which can lead to discomfort, pain, or other health issues.